We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
- Warren Buffet
MORNING REPORT Have Good Trading Day
THURSDAY
MORNING REPORT :24 MAY 2018
GLOBAL INDICES
NAME CMP NET CH. %
DOW 24886.81 +52.40 +0.21
NASDAQ 7425.96 +47.50 +0.64
NIKKEI 22452.50 -237.24 -1.05
HANG SENG 30744.00 +79.00 +0.26
SGX NIFTY 10461.50 +40.50 +0.40
INDIAN INDICES
NAME CMP NET CH. %
SENSEX 34344.91 -306.33 -0.88
NIFTY 10430.35 -106.35 -1.01
INDIAN ADR’S
SYMBOL CLOSE GAIN/ LOSS %
DRREDDY 28.82 -2.21
HDFCBANK 95.59 -0.49
ICICIBK 8.60 +1.30
INFY 17.81 +1.66
TATA MOTOR 22.39 -2.27
WIPRO 4.62 0
FII AND MF ACTIVITY
SYMBOL Rs.(in cr.)
FIIs Eq (Provisional) -311.11
DIIs Eq (Provisional) +789.78
FIIs Index Future -1740.00
FIIs Index Options -160.95
FIIs Stock Future +158.97
FIIs Stock Options -1.80
CURRENCY
CURERNCY RBI RATE
RUPEE - $ 68.2139
EURO 80.2400
YEN 100 61.7400
GBP 91.4271
WORLD EVENTS
WORLD COMMODITIES
FUTURE CMP %
CRUDE 71.67 -0.24
NATURAL GAS 2.918 -0.24
GOLD 1294.50 +0.36
SILVER 16.460 +0.34
COPPER 3.076 +0.20
RESULT TODAY
MARKET PULSE
0.14
-0.14
-0.03
Unch
0.14
-0.72
MARKET PULSE
0.14
-0.14
-0.03
Unch
0.14
-0.72
TOP STORY
Tata Power inks pact with Tata Sons for sale of 43 crore equity shares in Tata Teleservices.
Sunteck Realty to raise Rs 2,000 crore via issue of securities. MEP Infrastructure raises FPI investment limit to 100 percent from 24
percent. Mylan, Amneal, Sun Pharma lose challenge to Epilepsy drug patent. Shalimar Paints to increase FPI/FII limit from 24 percent to 49
percent.
GBP : BOE Gov Carney Speaks : Retail Sales m/m
: BOE Gov Carney Speaks EUR : ECB Monetary Policy Meeting Accounts USD : Unemployment Claims
• BIRLACABEL, CAMLINFIN, COCHINSHIP, CUMMINSIND, DAAWAT, GAIL, GRANUELS, HEIDELBERG, HERITEGFOOD, JINDDRILL, KSCL, MANIND, MOIL, NCC, UBL, VMART
•
MORNING REPORT: 24 May 2018
MARKET LEVELS
PIVOT SUPPORT LEVELS RESISTANCE LEVELS
NIFTY 10528 10498 10460 10430 10390 10566 10596 10634 10680
USDINR 68.447 68.234 67.807 67.594 67.450 68.874 69.087 69.514 69.650
MARKET COMMENTARY
The Sensex rose 17.23 points, or 0.05% at the day's high of 34,668.47 in early afternoon trade. The index fell 348.35 points, or 1.01% at the day's low of 34,302.89 in late trade.
The Nifty 50 index lost 106.35 points or 1.01% to settle at 10,430.35, its lowest closing level since 11 April 2018. The Nifty fell 3.15 points, or 0.03% at the day's high of 10,533.55 in early trade. The index fell 118.90 points, or 1.13% at the day's low of 10,417.80 in late trade.
Among secondary barometers, the BSE Mid-Cap index fell 0.24%. The BSE Small-Cap index fell 0.47%. Both these indices outperformed the Sensex.
The market breadth, indicating the overall health of the market, was negative. On BSE, 1,110 shares rose and 1,544 shares fell. A total of 123 shares were unchanged.
Nifty likely to trade in the range of 10390-10680.
NIFTY CHART
MORNING REPORT: 24 May 2018
BULK DEALS (BSE)
SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE
GENESYS DHARA TECHNOSYSTEM LLP S 179,254 238
MILEFUR INDRAVADAN MEHTA B 120,000 40.15
SIENERGY VINAY KUMAR S 113,075 15.1
MILEFUR AMISHABEN MANISHBHAI MEHTA B 120,000 40.15
MILEFUR KIRANBHAI SHAH CHANDRIKABEN B 60,000 40.15
BULK DEALS (NSE)
SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE
EXCEL REAL MARKETING PVT LTD SELL 1150000 12.89
MACPOWER NIRAJ LAHERCHAND MODI BUY 58000 254.76
- - - - -
- - - - -
- - - - -
SCRIP’S IN F&O BAN (To resume for normal trading below 80% of market wide limit required)
In ban: Dewan Housing, , Reliance Communications , BEML New in ban: None Out of ban: Justdial, Jet Airways
Initial Public Offering (IPO)
Company Name Security
type Issue Start Date
Issue End Date
Status
MORNING REPORT: 24 May 2018
NIFTY 50 STOCKS: SUPPORT & RESISTANCE
Symbol Close Support 1 Support 2 Pivot Point Resistance1 Resistance2
ACC 1314 1305 1296 1317 1326 1338
ADANIPORTS 374 371 367 377 380 387
AMBUJACEM 208 206 205 208 209 210
ASIANPAINT 1279 1268 1258 1280 1291 1303
AUROPHARMA 574 568 561 578 584 594
AXISBANK 520 517 514 523 526 531
BAJAJ-AUTO 2775 2750 2725 2791 2816 2857
BANKBARODA 137 132 127 136 141 146
BHARTIARTL 357 352 347 359 364 371
BHEL 75 75 74 76 76 77
BOSCHLTD 18006 17891 17775 18088 18204 18401
BPCL 374 365 355 380 389 404
CIPLA 532 510 488 537 560 587
COALINDIA 276 274 272 277 279 282
DRREDDY 1954 1928 1902 1961 1987 2020
EICHERMOT 29392 29177 28962 29515 29730 30068
GAIL 323 318 314 324 328 334
HCLTECH 894 885 875 902 911 928
HDFC 1784 1773 1763 1790 1801 1818
HDFCBANK 1968 1956 1944 1975 1987 2006
HEROMOTOCO 3483 3458 3434 3477 3501 3519
HINDALCO 230 228 225 231 234 237
HINDUNILVR 1568 1557 1547 1572 1583 1597
ICICIBANK 292 288 283 293 297 303
IDEA 55 54 53 55 56 57
INDUSINDBK 1854 1835 1817 1867 1885 1917
INFRATEL 317 314 311 317 320 323
INFY 1185 1175 1165 1191 1201 1218
ITC 273 271 269 275 278 282
KOTAKBANK 1255 1243 1231 1254 1266 1277
LT 1327 1311 1296 1331 1346 1366
LUPIN 735 729 723 739 746 756
M&M 832 823 814 829 838 844
MARUTI 8497 8449 8400 8507 8555 8613
NTPC 167 165 163 166 168 170
ONGC 175 171 167 178 182 189
POWERGRID 211 210 208 211 213 214
RELIANCE 912 906 899 916 922 933
SBIN 263 255 247 262 271 278
SUNPHARMA 452 447 442 454 459 466
TATAMOTORS 309 304 299 311 316 323
TATAMTRDVR 176 174 171 177 180 184
TATAPOWER 77 77 76 78 78 79
TATASTEEL 540 526 513 551 565 590
TCS 3495 3469 3443 3507 3533 3571
TECHM 697 685 672 696 709 720
ULTRACEMCO 3701 3677 3654 3714 3737 3774
VEDL 253 247 242 255 261 269
WIPRO 263 262 261 264 265 267
YESBANK 334 331 327 335 338 342
ZEEL 554 549 544 558 563 572
MORNING REPORT: 24 May 2018
NSE CIRCULARS
BOARD MEETINGS/ CORPORATE ACTION
COMPANY NAME DATE PURPOSE
Indiabulls Housing Finance Limited 02-May-18 Interim Dividend Rs 10/- Per Share
ITD Cementation India Limited 02-May-18 Annual General Meeting/ Dividend - Re 0.40 Per Share
GM Breweries Limited 02-May-18 Annual General Meeting / Dividend Rs 3 Per Share
Rain Industries Limited 03-May-18 Annual General Meeting/ Dividend - Re 1 Per Share
Indiabulls Ventures Limited 03-May-18 Interim Dividend - Re 1 Per Share
CRISIL Limited 03-May-18 Interim Dividend - Rs 6 Per Share (Purpose Revised)
HCL Technologies Limited 09-May-18 Interim Dividend
Godrej Consumer Products Limited 15-May-18 Interim Dividend
Nestle India Limited 16-May-18 Annual General Meeting/ Dividend - Rs 23 Per Share
ACC Limited 17-May-18 Annual General Meeting / Dividend Rs 15 Per Share
Merck Limited 21-May-18 Annual General Meeting/ Dividend - Rs 15 Per Share
NSE Download Ref No. : NSE/FAOP/37820: Adjustment of Futures and Options contracts in the security
TCS (pdf ) w.e.f May 31, 2018
NSE Download Ref No. : NSE/INSP/37807: Reminder for Submission of Risk Based Supervision Data
for the FY 2017-18 (pdf)W.e.f. May 31, 2018
NSE Download Ref No. : : NSE/CML/37817: Listing of Equity Shares of Borosil Glass Works Limited
(New Listing) (zip)W.e.f. May 24, 2018 NSE Download Ref No. : NSE/MFSS/37814: Merger of schemes of ICICI Prudential Asset Management Co
Ltd (zip)W.e.f. May 24, 2018
NSE Download Ref No. : NSE/CML/37821: Listing of further issues of IndusInd Bank Limited, PNB
Housing Finance Limited, Polaris Consulting & Services Limited and SQS India BFSI Limited
(pdf) W.e.f. May 24, 2018
MORNING REPORT: 24 May 2018
PRECIOUS METALS:
COMMDITY (MCX)
S2 S1 PIVOT POINT
R1 R2
GOLD (June) 30755 30966 31230 31595 31855
SILVER (JULY)
38225 39400 40410 41470 42845
BASE METALS
COMMDITY (MCX)
S2 S1 PIVOT POINT
R1 R2
COPPER (JUNE)
456 461 467 474 479
ZINC (MAY) 198.25 202.25 206.95 211.65 214.75
LEAD (MAY) 160.45 163.30 167.70 172.60 176.65
NICKEL (MAY)
955 972 994 1023 1045
ENERGY
COMMDITY (MCX)
S2 S1 PIVOT POINT
R1 R2
CRUDE OIL (June)
4690 4800 4915 5040 5165
NATURAL GAS (May)
190 194 199 205 212
DATA TALKS : TODAY’S ECONOMIC DATA :
NEWS & RUMOURS: TRENDS & OUTLOOK – DATE: 24-MAY- 2018
Gold (Spot Dollar) major support = $1265/$1231 & Resistance = $1327/$1359.
Crude oil range (WTI)->$66 to $76. Stocks Retreat Globally as Dollar
Gains with Bonds: Markets Wrap: -
U.S. stocks edged lower following drops
in Asia and Europe as data cast doubts
on growth prospects for the euro area
while political tensions increased in
North Korea and Italy. Ten-year
Treasury yields briefly dipped below 3
percent, while the dollar climbed.
Forex- Euro, Pound Fall After
Disappointing Data: The euro and
sterling were near five-month lows on
Wednesday after disappointing economic
data while the U.S. dollar surged as
investors look ahead to Fed meeting
minutes later in the day. Investors will
be looking closely for any sign of
tightening monetary policy. A recent
increase in bond yields, along with
positive economic data and rising
inflation, has boosted expectations that
the Federal Reserve will increase
interest rates and tighten monetary
policy. The Fed raised rates in March
and is expected to raise rates twice
more, with some investors expecting a
third hike.
WTI tumbles to lows near $71.30
post-EIA: - Crude oil prices drop to the
$71.30 area post-EIA report. WTI stays
toppish near 4-year peaks. US crude oil
inventories rose by around 5.8 mbpd
last week. Prices of the barrel of the
American reference for the sweet light
crude oil are losing further ground
today, testing daily lows in the $71.30
region following the latest EIA report.
Prices of the West Texas Intermediate
are easing from the area above the
critical $72.00 mark after the EIA
reported US crude oil supplies
unexpectedly increased more than
initially forecasted by 5.778 mbpd
during the week ended on May 18.
FOMC Member Dudley Speaks, Eurogroup
Meetings, ECB Monetary Policy Meeting
Accounts, Unemployment Claims, HPI m/m,
Existing Home Sales, Natural Gas Storage,
FOMC Member Bostic Speaks, BOE Gov
Carney Speaks.
MORNING REPORT: 24 May 2018
MORNING REPORT: 24 May 2018
MORNING REPORT: 24 May 2018
Registered Office Indira House, 3rd Floor, 5 Topiwala Lane, Opp. Lemington Road Police Station, Grant Road (East), Mumbai - 400007.
Corporate Office 204 Amardarshan Building 3rd floor, Saket Nagar, Indore - 452018 (M.P.) Customer Care
Tel: +91-731-4797170/ 71/ 72/ 73/ 74 M. +91 93031 72345 Email: [email protected] www.indiratrade.com
INSTITUTIONAL DEALING UNIT
Africa House, 5, Topiwalla Lane, Lamington Road, Mumbai, 400007
Tel: +91 2230080678; Email: [email protected]
Top Related